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Andean Group - September 2021

Introduction
Peru’s new President Pedro Castillo sent jitters across financial markets by naming radical figures from the far-left Perú Libre party in his cabinet on 29 July.... Read More
Peru
President Pedro Castillo’s naming of radical figures from the far-left Perú Libre party in his new cabinet on 29 July sent jitters across financial markets that were only partially eased by his appointment of the moderate Pedro Francke as finance minister a few days later.... Read More
Peru
Amid great speculation about the economic plans of Peru’s new leftist President Pedro Castillo, who was sworn into office on 28 July, the security proposals outlined in his inauguration speech received comparatively little attention.... Read More
Colombia
The latest report by the United Nations Office on Drugs and Crime (UNODC) on drug production in Colombia identified a paradoxical trend – although the land area dedicated to coca cultivation continued to shrink in 2020, cocaine production reached a record high.... Read More
Ecuador
In the wake of yet another deadly prison riot in Ecuador, on 18 August the country’s prisons authority (SNAI) announced a major initiative to reduce overcrowding and improve conditions in penitentiaries.... Read More
Ecuador’s President Guillermo Lasso issued Executive Decree 151 on 5 August, outlining the government’s “Action Plan for the Mining Sector”.... Read More
Venezuela
Venezuela’s central bank (BCV) announced on 5 August that when a new digital currency – the ‘bolívar digital’ – comes into force in the country on 1 October, it will be revalued to a new, simplified scale.... Read More
Bolivia
A ceremony was held on 27 July to mark the first pouring of concrete at a 15-hectare nuclear technology research and development centre (CNTRD) in the city of El Alto in Bolivia’s La Paz department.... Read More
Highlights
ANDEAN COMMUNITY | Cooperation agreement with EEU.... Read More

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